My question involves collection proceedings in the State of: California, but I opened the card in Texas.
I recently received a letter from the Law Office of Richard Hudson Share stating that they purchased my debt from Chase bank and are demanding that I pay on a card that has been in default for over 3 years now. When I decided to stop making payments on this card, I was just out of college and was advised that if I stopped making payments, this debt would disappear after 7 years.
It now seems that this is not an option and I am seeking advise. I have to respond by May 25th or they will file the lawsuit against me.